The Commercial/Industrial Marketing Exchange Meetings are BACK, now in a HYBRID format! The first meeting of 2024 will meet in-person at the Tri-County Suburban REALTORS® office in Malvern, PA – and via Zoom on October 11th.

Featured speaker is Jeff Metzger from Food Trade News who will join virtually.  Jeff has been reporting on, analyzing, and providing opinion on the retail grocery business since 1973.  He writes the closely followed Taking Stock column, and serves as the organization’s Publisher and President.

Starting at 9:00 am, attendees will participate in a Marketing Exchange where ‘haves’ and ‘wants’ will be presented to other Commercial Real Estate professionals.  Have a CRE buyer or lessee and looking for a property?  Have a CRE listing or property for lease and looking for a buyer or tenant?  Looking for a development opportunity?  Or a financing option? 

This is a working meeting hosted by Tri-County’s Commercial Chapter with an emphasis on networking and deals.

Use this Quick Form to provide the details, or bring your own property flyer.  After the meeting, all forms and flyers presented will be packaged together and shared with thousands of CRE practitioners in the region.

For the IN-PERSON event, no registration is necessary.
To register for the VIRTUAL OPTION, click here.
Once registered, virtual attendees will receive the Zoom Meeting link directly from Zoom.

September 11th, 1:00pm - 2:00pm. As the real estate industry continues to evolve, adapting and innovating is essential to stay competitive. In this dynamic session, expert panelists from across the country will reveal how commercial real estate strategies can transform your approach to residential markets. You’ll discover actionable insights into applying key commercial principles — such as strategic marketing and advanced client relationship management — to boost efficiency, profitability, and client satisfaction in your residential business. Gain the tools and knowledge to leverage commercial real estate tactics and uncover new growth opportunities that will set you apart in today’s competitive landscape. Register now.

Warren Wachsberger of Eldridge Acre Partners says the short-term issues facing U.S. commercial real estate has made it an investment opportunity and that values have bottomed out.

Source: CNBC, September 3, 2024

The Covid-19 pandemic has forever changed the way we live and work. When people think of the office today, they no longer imagine their desk or a room with four walls. The concept of asset obsolescence, the convergence of everyday locations such as the office, home and third places like coffee shops or the gym has become more prevalent and inevitably affected tenants’ behaviors toward the workplace.

With tenants now less willing to conform back to a standard office setting, landlords’ ability to prioritize the needs of tenants and meet ongoing shifts in tenant behavior now dictates the successful leasing of office building space. The good news: According to CBRE’s 2023-2024 Global Workplace and Occupancy Insights report, 66% of commercial real estate teams see improving the workplace experience for tenants as a top priority—indicating there is already an understanding among landlords that having a tenant-centric mindset will be pivotal to them.

Read the full article via Forbes, here. 

Source: Forbes, July 2024

Netflix is targeting Philadelphia for one of the first locations of its new retail, dining and live entertainment experience. The streaming giant plans to open a Netflix House in the former Lord & Taylor spaceat the King of Prussia Mall. The brick-and-mortar concept aims to immerse customersin their favorite Netfl ix shows and movies through themed merchandise, foodand activities.

Netflix has previously created several temporary activations around the world based onits content, including the "Stranger Things Experience" and "The Queen's Ball: A Bridgerton Experience," as well as a pop-up restaurant called Netflix Bites. Netflix Housegives the streaming service a permanent venue to host its themed experiences. "This isn't a place that folks are going to travel to once a year," Brent Nikolin, senior program manager for Netflix's live experience team, told members of the Upper MerionTownship Planning Commission during a presentation Wednesday night. "We want to bein the communities. We want to be in city centers. We want to be in great malls like King of Prussia where people come over and over again.

Nikolin said Netflix expects to open the venue in late 2025. Bloomberg reported
in October 2023 that Netflix plans to open its first 2 Netflix House locations that year.

Netflix is seeking approval from the Upper Merion Township Board of Supervisors for conditional use of the former department store as a performing arts facility and movie theater to host the proposed activations within Netflix House. The Planning Commission unanimously recommended the application for approval during the Wednesday meeting. The entertainment company went before the Board of Supervisors for final approval on April 11th.

Preliminary plans for the 120,354-square-foot space presented during the meeting include two large experience rooms and a roughly 250-seat theater on the first floor, according to Sean Noble, the operations manager for Netflix's live entertainment team. The second floor is expected to house one small experience room, one medium-size experience room and a food, beverage and retail marketplace.

Source: Philadelphia Business Journal, March 2024

Tri-County Suburban REALTORS®, Malvern or Virtual Via Zoom

Tri-County Suburban REALTORS®, Malvern

Tri-County Suburban REALTORS®, Malvern

Tri-County Suburban REALTORS®, Malvern